Does your Business Deduct Research & Development Expenses? Major Changes Impact 2022 Taxes…
The 2017 Tax Cuts and Jobs Act (TCJA) included a deferred provision that changes the way research and development (R&D) expenses are deducted for tax purposes beginning with the 2022 tax year. Prior to 2022, Read More
Nov 09, 2022
How Can Small Business Owners Lower Taxes for 2022?
It's time for year-end tax planning. Every fall, small business owners should review their tax situations to determine steps they should consider to reduce their federal income taxes for the current year — and beyond. Read More
Oct 27, 2022
8 End-of-Year Tax Planning Strategies for 2022
As the economy marches through the final months of 2022, business owners will face ongoing changes this tax season. Even so, there is still time to take steps to reduce your tax burden. With the Read More
Oct 13, 2022
What You Need to Know about Kentucky Tax Law Changes
An array of additional services will be subject to sales tax in Kentucky next year under a bill enacted over the governor’s veto. The legislation also reduces personal income tax rates in Kentucky with further Read More
Jun 23, 2022
Year-End Tax Planning Tips for Small Businesses
You still have time to significantly reduce this year's business federal income tax bill even with all the uncertainty about proposed tax law changes. Here are five possible moves to consider — but stay tuned Read More
Oct 26, 2021
9 Ideas to Potentially Lower Your Taxes for 2021
With year end rapidly approaching, it's time to consider making some moves that will lower your 2021 federal income tax bill — and potentially position you for future tax savings. Unfortunately, tax planning is particularly Read More
Oct 26, 2021
How to Make Filing Your Taxes a Non-Event
How did your last tax filing go? Were you stressed out? Surprised by a big tax bill? Angry at your accountant? If you’re like many business owners, filing your taxes can bring stress and anxiety. Read More
Oct 13, 2021
2020 Year-End Tax Planning Ideas for Small Businesses
Small business owners still have time to make tax planning moves to lower their 2020 federal income tax bills — and possibly lay the groundwork to save taxes in future years. Here are 10 ideas Read More
Oct 29, 2020
Tax Planning Tips for Individuals
It is the 4th quarter, it's time to think about your current federal tax situation. Tax planning strategies are especially complicated for 2020. There are a lot of moving pieces: The COVID-19 pandemic has caused Read More
Oct 09, 2020
Midyear Tax Planning Strategies for Individuals
The extended July 15 deadline for filing your 2019 federal income tax return is behind us. Now it's time to think about your current federal tax situation. Tax planning strategies are especially complicated for 2020. Read More
Aug 06, 2020